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Assume peng requires a 15 return on its investments compute

Question - Peng Company is considering an investment expected to generate an average net income after taxes of $1,950 for three years. The investment costs $45,000 and has an estimated $6,000 salvage value. Assume Peng requires a 15% return on its investments. Compute the net present value of this investment.

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Accounting Basics: Assume peng requires a 15 return on its investments compute

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